About Syntec Systems India Private Limited
Data last updated:
Syntec Systems India Private Limited is a foreign private limited company based in Hyderabad, Telangana, India, a subsidiary of Synergy Technologies Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2019FTC136259. Its GSTIN is 36ABCCS8051K1Z1 (Telangana).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Tammineni Bhargav and Rajesh Nettem.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at DLF Cybercity 8th Floor Block 3 129 – 132 Aphb Colony Gachibowli, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.26 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹12.36 Lakh (net margin 2.9%) and EBITDA of ₹18.77 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 205% over three years.
For more details, the company can be reached via its website synergytechs.net.
Company details
Contact details
Syntec Systems India Private Limited's registered office is in Hyderabad, Telangana. Its website is synergytechs.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDLF Cybercity 8th Floor Block 3 129 – 132 Aphb Colony Gachibowli, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Syntec Systems India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Syntec Systems India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Syntec Systems India Private Limited, buy the company report.
Financials of Syntec Systems India Private Limited
FY 2023 filings availableSyntec Systems India Private Limited reported revenue of ₹4.26 Cr (up 23% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 205% over three years, including 23% growth in the latest year. EBITDA rose 65% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹18.77 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹12.36 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.4% | |||
| Net Profit Margin | 2.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Syntec Systems India Private Limited, buy the company report.
Board of directors of Syntec Systems India Private Limited
Syntec Systems India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tammineni Bhargav Also directs: Moneymap Consulting Services LLP | Director | 22 Oct 2019 | 7 Years 0 Months | Current |
| Rajesh Nettem | Director | 22 Oct 2019 | 7 Years 0 Months | Current |
| Swathi Nettem | Director | 22 Oct 2019 | 7 Years 0 Months | Current |
Auditor
Syntec Systems India Private Limited is audited by Y PRASAD & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y PRASAD & ASSOCIATES | FY 2022 | 013427S |
Shareholding
The shareholding of Syntec Systems India Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Syntec Systems India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Syntec Systems India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Syntec Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Syntec Systems India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36ABCCS8051K1Z1 | Telangana | Active | 13 Feb 2020 |
To see the full GST registrations and return filing status of Syntec Systems India Private Limited, buy the company report.
Recent activity
Syntec Systems India Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Rajesh Nettem was appointed as Director on 22 Oct 2019.
Frequently asked questions
Syntec Systems India is an active foreign private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 October 2019 (7+ years old) and is registered under CIN U72900TG2019FTC136259.
Syntec Systems India has 3 current directors:
- Tammineni Bhargav - Director
- Rajesh Nettem - Director
- Swathi Nettem - Director
The latest financial statements of Syntec Systems India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Syntec Systems India is 36ABCCS8051K1Z1, registered in Telangana.
The CIN (Corporate Identification Number) of Syntec Systems India is U72900TG2019FTC136259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Syntec Systems India was incorporated on 22 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
Rajesh Nettem was appointed as Director on 22 Oct 2019. Swathi Nettem was appointed as Director on 22 Oct 2019. Tammineni Bhargav was appointed as Director on 22 Oct 2019.
Syntec Systems India can be reached through the website synergytechs.net. Its registered office is in Hyderabad, Telangana, India.
The registered office of Syntec Systems India is at DLF Cybercity 8th Floor Block 3 129 – 132 Aphb Colony Gachibowli, Hyderabad, Telangana, India – 500032.
Syntec Systems India operates in the information technology industry, in the application development and software solutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
